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Bitfarms December 2024 Bitcoin production report infographic
Bitcoin mining

Bitfarms Announces 211 BTC Mined in December 2024, Revenue Rises

Bitfarms reported a 2% increase in Bitcoin production, mining 211 BTC in December 2024. Despite a year-over-year decline, operational speed grew to 12.8 EH/s, and liquid assets reached $147 million...

Bitcoin miningBitfarms Bitcoin production results for November.

Bitfarms Reports November Bitcoin Production: 204 Mined and Sales Insights

In November, Bitfarms mined 204 Bitcoins, down from 236 in October, with operational efficiency improving by 1%. The company sold 171 Bitcoins for $14.6 million, and reduced its treasury holdings t...

Bitcoin miningRiot Platforms increases investment in Bitfarms Ltd.

Riot Platforms Boosts Stake in Bitfarms Ltd: Insights on the Acquisition

Riot Platforms has significantly increased its stake in Bitfarms Ltd by acquiring an additional 1 million shares, totaling 85.3 million shares. This move secures an 18.9% ownership in the Canadian ...

AIBitfarms CEO discussing the acquisition of Stronghold Digital.

Bitfarms Expands with Stronghold Digital Acquisition: Future Growth Plans

Bitfarms is set to acquire Stronghold Digital, aiming to enhance its computing power and explore energy trading. CEO Ben Gagnon outlines plans for AI and high-performance computing by 2026, with th...

Bitcoin MiningBitfarms Bitcoin mining operations and financial performance report for September 2023.

Bitfarms Reports September Bitcoin Mining Output and Financial Highlights

Bitfarms shares its September Bitcoin mining results, achieving a year-end efficiency target with a total of 217 BTC mined, alongside key financial updates and a settlement with Riot Platforms. Tot...

BitcoinRiot Platforms and Bitfarms settle their dispute.

Bitcoin Mining Giants Riot Platforms and Bitfarms Settle Dispute

Riot Platforms and Bitfarms have resolved their dispute in a settlement agreement submitted to the SEC. They reached this agreement before Bitfarms' special shareholder meeting set for November 202...